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Ethereum Price Analysis: ETH/USD Could Test $212-214

Key Highlights ETH price is under a downside correction since it broke the $245 support against the US Dollar. Yesterday’s discussed contracting triangle with support near $242 was breached on the hourly chart of ETH/USD (data feed via Kraken). The…
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ETH Dips Perfect for Bulls Aiming at $300

Ethereum prices are slowing down. At the back of last week’s eight percent gains, prices are ranging in lower time frames. Even though yesterday was bearish, we expect prices to pick up and sync in line with last week’s gains. However,…
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SBI Remit is Using the Blockchain to Make Money Transfers Between Japan and Africa

SBI Remit, a Japanese money transfer company, is teaming up with a venture-backed firm to use its new treasury management service that uses the blockchain for increased transparency and liquidity to small and medium-sized businesses operating…
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IBM Awarded Patent for Autonomous Self-Servicing Devices Within Blockchain-Based IoT System

IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. Patent…
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Thailand’s Kasikornbank to Pilot Visa’s Blockchain Cross-Border Payments Platform

The biggest bank by market capitalization in Thailand, Kasikornbank, has become the first financial institution in the Southeast Asian country to get on board the Visa B2B Connect platform. Designed to enable fast and secure cross-border payments…
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Bitcoin Price Watch: BTC Holds Bullish Bias Above $6,550

Key Points Bitcoin price is consolidating above the $6,590 and $6,550 support levels against the US Dollar. There is a short-term declining channel in place with resistance at $6,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
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Ripple Price Analysis: XRP/USD Remains In Major Uptrend

Key Highlights Ripple price surged higher and settled above the 0.5000 resistance against the US dollar. There is a short-term connecting bearish trend line in place with resistance at 0.6000 on the hourly chart of the XRP/USD pair (data source…
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BTC Acquires “Safe Haven” Status After Brexit Woes

All in all, Bitcoin prices are on an uptrend. Backing these are boosting fundamentals with investors anchoring their bullish hopes on Bakkt, the ICE subsidiary. The platform will make use of Microsoft technologies for expediency. Regardless,…
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What Pushed XRP up 100% in a Week

In a supernormal rally that almost lost ethereum its silver spot, ripple (XRP) gained about 100 percent in a week. The maximum difference in XRP’s market cap between the week’s lowest and highest level turned out to be almost $19.8 billion.…
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When Blockchains Go Down: Why Crypto Outages Are on the Rise

Berniesanders (not to be confused with former presidential candidate and Vermont Senator Bernie Sanders) is an institution on blockchain-based blogging platform Steemit. Steemit allows content creators to earn crypto – at least, crypto that’s…